Elumelu named African Business Leader of the year

The Chairman of Heirs Holdings and founder of the Elumelu Foundation, Tony O. Elumelu, has been named one of four African Business Leaders of the Year.

He emerged at an awards ceremony hosted by the Corporate Council on Africa (CCA), a Washington, D.C.-based organisation that works closely with governments, multilateral groups and businesses to improve the African continent’s trade and investment climate, and to raise the profile of Africa in the U.S. business community.

Elumelu was honoured at the inaugural event as one of the continent’s most successful entrepreneurs, with a track record of value creation across key sectors that are transforming the African private sector.

His commitment to a new model of African philanthropy was also recognised.